Low and slow meat sauce

Name: Low-and-slow meat sauce
Ingredients: 1/2 pound ground beef; 1 tablespoon extra virgin olive oil; 1/2 cup onion, minced; 1/4 cup carrot, minced; 1/4 cup celery, minced; 3 cloves garlic, minced; 2 tablespoons tomato paste; 1/2 cup red wine; 1 3/4 cups crushed Italian tomatoes (about 14 ounces); 1/4 cup water; 1/4 cup fresh basil leaves, chopped; 1/2 teaspoon oregano; 1 tablespoon brown sugar; 1 teaspoon salt; 1/4 cup heavy whipping cream; 1 tablespoon unsalted butter; Salt and pepper, to taste